Blackrock New Financials
| MKNJX Fund | USD 10.41 0.01 0.1% |
Blackrock |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Blackrock New Fund Summary
Blackrock New competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, and Blackrock Emerging. The fund invests primarily in a portfolio of long-term investment grade New Jersey municipal bonds. Under normal circumstances, it will invest at least 80 percent of its assets in New Jersey municipal bonds. At least 80 percent of the funds assets will be invested in investment grade securities. The funds weighted average maturity will be more than ten years. It is non-diversified.Specialization | Muni New Jersey, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | BLACKROCK MULTI STATE |
| Mutual Fund Family | BlackRock |
| Mutual Fund Category | Muni New Jersey |
| Benchmark | Dow Jones Industrial |
| Phone | 800 537 4942 |
| Currency | USD - US Dollar |
Blackrock New Key Financial Ratios
Blackrock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock New's current stock value. Our valuation model uses many indicators to compare Blackrock New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock New competition to find correlations between indicators driving Blackrock New's intrinsic value. More Info.Blackrock New Jersey is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 5,114 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock New's earnings, one of the primary drivers of an investment's value.Blackrock New Jersey Systematic Risk
Blackrock New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackrock New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Blackrock New Jersey correlated with the market. If Beta is less than 0 Blackrock New generally moves in the opposite direction as compared to the market. If Blackrock New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackrock New Jersey is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackrock New is generally in the same direction as the market. If Beta > 1 Blackrock New moves generally in the same direction as, but more than the movement of the benchmark.
Blackrock New December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Blackrock New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackrock New Jersey. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackrock New Jersey based on widely used predictive technical indicators. In general, we focus on analyzing Blackrock Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackrock New's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4088 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.47 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.2947 |
Other Information on Investing in Blackrock Mutual Fund
Blackrock New financial ratios help investors to determine whether Blackrock Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock New security.
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